Zinka Logistics’ IPO Gets Subscribed 32%

The initial public offer of Zinka Logistics Solutions Ltd, a digital platform for truck operators, got subscribed 32 per cent on the second day of bidding on Thursday. The IPO received bids for 72,15,696 shares against 2,25,67,270 shares on offer, as per NSE data. The portion for Retail Individual Investors (RIIs) got subscribed 90 per cent while the quota for Qualified Institutional Buyers (QIBs) received 26 per cent subscription.